Question: Gross margin is 12.5%. Profit margin is 10%. Required rate of return is 5%. Asset turnover is 2.5. Investment (average operating assets) is $2,000. Compute

Gross margin is 12.5%. Profit margin is 10%. Required rate of return is 5%. Asset turnover is 2.5. Investment (average operating assets) is $2,000. Compute profit.

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$500

$250

$100

$200

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